SGX Logo. Reuters
  • Singapore stocks fell on Thursday, tracking weak Asian shares as weaker-than-expected China data and simmering geopolitical tensions curbed risk appetite.
  • Asian stocks inched down from 10-year highs following a burst of Chinese data which was largely weaker than markets expected.
  • China's fixed-asset investment, factory output and retail sales all grew less than expected, Reuters reported.
  • Sentiment was also subdued amid reports of North Korean threats to "sink" Japan.
  • The Straits Times Index lost 0.29 percent or 9 points to end at 3,220.
  • Singapore's total employment in the second quarter declined by 7,300, data showed. This was less than the 8,400 originally estimated in the Labour Market Advance Release.
  • Golden Agri-Resources, the world's second-largest palm oil producer, said it launched a major downstream fatty alcohol facility in Indonesia. Its shares jumped 2.6 percent.
  • Temasek Holdings Pte., an investment company owned by Singapore, is planning to invest more than $500 million in a Florida-based startup, Bloomberg reported on Thursday.